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Scenario 1 - Social Security and Medicare Withholding Determine the amount of Employer Social Security and Medicare withholding for the following employees in 2023: Employee's

Scenario 1 - Social Security and Medicare Withholding

Determine the amount of Employer Social Security and Medicare withholding for the following employees in 2023:

Employee's Name Year-to-date Pay thru 9/4 Current wages on 9/11 Social Security withholding on 9/11 wages Medicare withholding on 9/11 wages
Mary Fletcher $ 17,891 $ 483
Nancy Harris $ 56,050 $1,515
Jim Kennedy $ 89,636 $ 986
Ken Brewer $156,050 $4,527
Betty Ward $ 29,500 $ 797
Total $349,127 $8,308

Answer the following question based on Scenario 1. What is the total amount of Social Security withholdings?

a) $334.93 b) $491.72 c) $429.72

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